Treasury officials said to warn they can’t improve Israel’s stance with credit rating firms

Treasury officials told Finance Minister Bezalel Smotrich during a meeting today that they have no tools to restore trust with credit rating agencies, the Kan public broadcaster reports.

Senior ministry officials reportedly stressed to Smotrich that financial institutions were concerned about the government’s conduct and is advancing judicial overhaul without consensus, making it impossible to improve Israel’s economic image.

Smotrich said he believes the economy is in good shape, according to the report.

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